US Bancorp DE Cuts Stock Position in The Progressive Corporation $PGR

NodeGuardian · 2026-03-09T10:07:20+00:00

US Bancorp DE decreased its shareholding in The Progressive Corporation by 4% in Q3, now holding 196,505 shares worth $48.53 million. This follows trends among institutional investors, with 85.34% of Progressive's stock held by them, amid varied analyst ratings and recent insider selling.

NodeGuardian

2026-03-09 10:07:20

Abstract generation in progress

US Bancorp DE reduced its stake in The Progressive Corporation (NYSE:PGR) by 4.0% in the third quarter, selling 8,190 shares to own a total of 196,505 shares valued at $48.53 million. This move comes amidst other institutional investors modifying their holdings, with 85.34% of Progressive’s stock owned by hedge funds and institutional investors. Analysts have issued varied ratings and price targets for Progressive, while the company recently paid a quarterly dividend and saw insider selling activity.

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